EX-99.5 6 a08-3762_1ex99d5.htm EX-99.5

Exhibit 99.5

 

Monthly Operating Report

 

ACCRUAL BASIS

2007

 

CASE NAME: KH Ground, Inc.

 

CASE NUMBER: 07-44540

 

JUDGE: Russell F. Nelms

 

UNITED STATES BANKRUPTCY COURT

 

NORTHERN DISTRICT OF TEXAS

 

DIVISION 6

 

MONTHLY OPERATING REPORT

 

MONTH ENDING: DECEMBER 31, 2007

 

                        IN ACCORDANCE WITH TITLE 28, SECTION  1746, OF THE UNITED STATES CODE, I DECLARE UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING REPORT (ACCRUAL BASIS-1 THROUGH ACCRUAL BASIS-7) AND THE ACCOMPANYING ATTACHMENTS AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT AND COMPLETE. DECLARATION OF THE PREPARER (OTHER THAN RESPONSIBLE PARTY): IS BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.

 

RESPONSIBLE PARTY:

 

 

 

 

 

 

 

/s/ James R. Kupferschmid

 

Senior VP and Chief Restructing Officer

 

ORIGINAL SIGNATURE OF RESPONSIBLE PARTY

 

TITLE

 

 

 

 

 

 

 

 

 

James R. Kupferschmid

 

January 24, 2008

 

PRINTED NAME OF RESPONSIBLE PARTY

 

DATE

 

 

 

 

 

PREPARER:

 

 

 

 

 

 

 

/s/ Jessica L. Wilson

 

VP and Chief Financial Officer

 

ORIGINAL SIGNATURE OF PREPARER

 

TITLE

 

 

 

 

 

Jessica L. Wilson

 

January 24, 2008

 

PRINTED NAME OF PREPARER

 

DATE

 

 


 

Monthly Operating Report

 

ACCRUAL BASIS-1

2007

 

CASE NAME: KH Ground, Inc.

 

CASE  NUMBER: 07-44540

 

COMPARATIVE BALANCE SHEET

 

 

 

SCHEDULE

 

MONTH

 

MONTH

 

MONTH

 

 

 

AMOUNT

 

October 2007

 

November 2007

 

December 2007

 

ASSETS

 

 

 

 

 

 

 

 

 

1. UNRESTRICTED CASH

 

$

0

 

$

0

 

$

0

 

$

0

 

2. RESTRICTED CASH

 

$

0

 

$

0

 

$

0

 

$

0

 

3. TOTAL CASH

 

$

0

 

$

0

 

$

0

 

$

0

 

4. ACCOUNTS RECEIVABLE (NET)

 

$

0

 

$

0

 

$

0

 

$

0

 

5. INVENTORY

 

$

0

 

$

0

 

$

0

 

$

0

 

6. NOTES RECEIVABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

7. PREPAID EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

8. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

9. TOTAL CURRENT ASSETS

 

$

0

 

$

0

 

$

0

 

$

0

 

10. PROPERTY, PLANT & EQUIPMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

11. LESS: ACCUMULATED DEPRECIATION / DEPLETION

 

$

0

 

$

0

 

$

0

 

$

0

 

12. NET PROPERTY, PLANT & EQUIPMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

13. DUE FROM INSIDERS

 

$

0

 

$

0

 

$

0

 

$

0

 

14. OTHER ASSETS — NET OF AMORTIZATION (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

15. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

16. TOTAL ASSETS

 

$

0

 

$

0

 

$

0

 

$

0

 

POSTPETITION LIABILITIES

 

 

 

 

 

 

 

 

 

17. ACCOUNTS PAYABLE

 

 

 

$

0

 

$

0

 

$

250

 

18. TAXES PAYABLE

 

 

 

$

0

 

$

0

 

$

0

 

19. NOTES PAYABLE

 

 

 

$

0

 

$

0

 

$

0

 

20. PROFESSIONAL FEES

 

 

 

$

0

 

$

0

 

$

0

 

21. SECURED DEBT

 

 

 

$

0

 

$

0

 

$

0

 

22. OTHER (ATTACH LIST)

 

 

 

$

0

 

$

0

 

$

0

 

23. TOTAL POSTPETITION LIABILITIES

 

 

 

$

0

 

$

0

 

$

250

 

PREPETITION LIABILITIES

 

 

 

 

 

 

 

 

 

24. SECURED DEBT

 

$

16,684,744

 

$

0

 

$

0

 

$

0

 

25. PRIORITY DEBT

 

$

0

 

$

0

 

$

0

 

$

0

 

26. UNSECURED DEBT

 

$

0

 

$

0

 

$

0

 

$

0

 

27. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

28. TOTAL PREPETITION LIABILITIES

 

$

16,684,744

 

$

0

 

$

0

 

$

0

 

29. TOTAL LIABILITIES

 

$

16,684,744

 

$

0

 

$

0

 

$

250

 

EQUITY

 

 

 

 

 

 

 

 

 

30. PREPETITION OWNERS’ EQUITY

 

0

 

$

0

 

$

0

 

$

0

 

31. POSTPETITION CUMULATIVE PROFIT OR (LOSS)

 

 

 

$

0

 

$

0

 

$

(250

)

32. DIRECT CHARGES TO EQUITY (ATTACH EXPLANATION)

 

 

 

$

0

 

$

0

 

$

0

 

33. TOTAL EQUITY

 

$

0

 

$

0

 

$

0

 

$

(250

)

34. TOTAL LIABILITIES  & OWNERS’ EQUITY

 

$

16,684,744

 

$

0

 

$

0

 

$

0

 

 


 

Monthly Operating Report

 

ACCRUAL BASIS-2

2007

CASE NAME: KH Ground, Inc.

 

CASE NUMBER: 07-44540

 

INCOME STATEMENT

 

 

 

MONTH

 

MONTH

 

MONTH

 

QUARTER

 

 

 

October 2007

 

November 2007

 

December 2007

 

TOTAL

 

REVENUES

 

 

 

 

 

 

 

 

 

1. GROSS REVENUES

 

$

0

 

$

0

 

$

0

 

$

0

 

2. LESS: RETURNS & DISCOUNTS

 

$

0

 

$

0

 

$

0

 

$

0

 

3. NET REVENUE

 

$

0

 

$

0

 

$

0

 

$

0

 

COST OF GOODS SOLD

 

 

 

 

 

 

 

 

 

4. MATERIAL

 

$

0

 

$

0

 

$

0

 

$

0

 

5. DIRECT LABOR

 

$

0

 

$

0

 

$

0

 

$

0

 

6. DIRECT OVERHEAD

 

$

0

 

$

0

 

$

0

 

$

0

 

7. TOTAL COST OF GOODS SOLD

 

$

0

 

$

0

 

$

0

 

$

0

 

8. GROSS PROFIT

 

$

0

 

$

0

 

$

0

 

$

0

 

OPERATING EXPENSES

 

 

 

 

 

 

 

 

 

9.   OFFICER / INSIDER COMPENSATION

 

$

0

 

$

0

 

$

0

 

$

0

 

10. SELLING & MARKETING

 

$

0

 

$

0

 

$

0

 

$

0

 

11. GENERAL & ADMINISTRATIVE

 

$

0

 

$

0

 

$

0

 

$

0

 

12. RENT & LEASE

 

$

0

 

$

0

 

$

0

 

$

0

 

13. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

14. TOTAL OPERATING EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

15. INCOME BEFORE NON-OPERATING INCOME & EXPENSE

 

$

0

 

$

0

 

$

0

 

$


$0

 

OTHER INCOME & EXPENSES

 

 

 

 

 

 

 

 

 

16. NON-OPERATING INCOME (ATT. LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

17. NON-OPERATING EXPENSE (ATT. LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

18. INTEREST EXPENSE

 

$

0

 

$

0

 

$

0

 

$

0

 

19. DEPRECIATION / DEPLETION

 

$

0

 

$

0

 

$

0

 

$

0

 

20. AMORTIZATION

 

$

0

 

$

0

 

$

0

 

$

0

 

21. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

22. NET OTHER INCOME & EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

REORGANIZATION EXPENSES

 

 

 

 

 

 

 

 

 

23. PROFESSIONAL FEES

 

$

0

 

$

0

 

$

0

 

$

0

 

24. U.S. TRUSTEE FEES

 

$

0

 

$

0

 

$

250

 

$

250

 

25. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

26. TOTAL REORGANIZATION EXPENSES

 

$

0

 

$

0

 

$

250

 

$

250

 

27. INCOME TAX

 

$

0

 

$

0

 

$

0

 

 

 

28. NET PROFIT (LOSS)

 

$

0

 

$

0

 

$

(250

)

$

(250

)

 


 

Monthly Operating Report

 

ACCRUAL BASIS-3

2007

CASE NAME: KH Ground, Inc.

 

CASE  NUMBER: 07-44540

 

 

 

MONTH

 

MONTH

 

MONTH

 

QUARTER

 

 

 

October 2007

 

November 2007

 

December 2007

 

TOTAL

 

CASH RECEIPTS AND DISBURSEMENTS

 

 

 

 

 

 

 

 

 

1. CASH — BEGINNING OF MONTH

 

$

0

 

$

0

 

$

0

 

$

0

 

RECEIPTS FROM OPERATIONS

 

 

 

 

 

 

 

 

 

2. CASH SALES

 

$

0

 

$

0

 

$

0

 

$

0

 

COLLECTION OF ACCOUNTS RECEIVABLE

 

 

 

 

 

 

 

 

 

3. PREPETITION

 

$

0

 

$

0

 

$

0

 

$

0

 

4. POSTPETITION

 

$

0

 

$

0

 

$

0

 

$

0

 

5. TOTAL OPERATING RECEIPTS

 

$

0

 

$

0

 

$

0

 

$

0

 

NON-OPERATING RECEIPTS

 

 

 

 

 

 

 

 

 

6. LOANS & ADVANCES (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

7. SALE OF ASSETS

 

$

0

 

$

0

 

$

0

 

$

0

 

8. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

9. TOTAL NON-OPERATING RECEIPTS

 

$

0

 

$

0

 

$

0

 

$

0

 

10. TOTAL RECEIPTS

 

$

0

 

$

0

 

$

0

 

$

0

 

11. TOTAL CASH AVAILABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

OPERATING DISBURSEMENTS

 

 

 

 

 

 

 

 

 

12. NET PAYROLL

 

$

0

 

$

0

 

$

0

 

$

0

 

13. PAYROLL TAXES PAID

 

$

0

 

$

0

 

$

0

 

$

0

 

14. SALES, USE & OTHER TAXES PAID

 

$

0

 

$

0

 

$

0

 

$

0

 

15. SECURED / RENTAL / LEASES

 

$

0

 

$

0

 

$

0

 

$

0

 

16. UTILITIES

 

$

0

 

$

0

 

$

0

 

$

0

 

17. INSURANCE

 

$

0

 

$

0

 

$

0

 

$

0

 

18. INVENTORY PURCHASES

 

$

0

 

$

0

 

$

0

 

$

0

 

19. VEHICLE EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

20. TRAVEL

 

$

0

 

$

0

 

$

0

 

$

0

 

21. ENTERTAINMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

22. REPAIRS & MAINTENANCE

 

$

0

 

$

0

 

$

0

 

$

0

 

23. SUPPLIES

 

$

0

 

$

0

 

$

0

 

$

0

 

24. ADVERTISING

 

$

0

 

$

0

 

$

0

 

$

0

 

25. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

26. TOTAL OPERATING DISBURSEMENTS

 

$

0

 

$

0

 

$

0

 

$

0

 

REORGANIZATION EXPENSES

 

 

 

 

 

 

 

 

 

27. PROFESSIONAL FEES

 

$

0

 

$

0

 

$

0

 

$

0

 

28. U.S. TRUSTEE FEES

 

$

0

 

$

0

 

$

0

 

$

0

 

29. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

30. TOTAL REORGANIZATION EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

31. TOTAL DISBURSEMENTS

 

$

0

 

$

0

 

$

0

 

$

0

 

32. NET CASH FLOW

 

$

0

 

$

0

 

$

0

 

$

0

 

33. CASH — END OF MONTH

 

$

0

 

$

0

 

$

0

 

$

0

 

 


 

Monthly Operating Report

 

ACCRUAL BASIS-4

2007

CASE NAME: KH Ground, Inc.

 

CASE  NUMBER: 07-44540

 

 

 

SCHEDULE

 

MONTH

 

MONTH

 

MONTH

 

 

 

AMOUNT

 

October 2007

 

November 2007

 

December 2007

 

ACCOUNTS RECEIVABLE AGING

 

 

 

 

 

 

 

 

 

1. 0-30

 

$

0

 

$

0

 

$

0

 

$

0

 

2. 31-60

 

$

0

 

$

0

 

$

0

 

$

0

 

3. 61-90

 

$

0

 

$

0

 

$

0

 

$

0

 

4. 91+

 

$

0

 

$

0

 

$

0

 

$

0

 

5. TOTAL ACCOUNTS RECEIVABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

6. AMOUNT CONSIDERED UNCOLLECTIBLE

 

$

0

 

$

0

 

$

0

 

 

 

7. ACCOUNTS RECEIVABLE (NET)

 

$

0

 

$

0

 

$

0

 

$

0

 

 

AGING OF POSTPETITION TAXES AND PAYABLES

MONTH: December 2007

 

 

 

0-30

 

31-60

 

61-90

 

91+

 

 

 

 

 

DAYS

 

DAYS

 

DAYS

 

DAYS

 

TOTAL

 

TAXES PAYABLE

 

 

 

 

 

 

 

 

 

 

 

1. FEDERAL

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

2. STATE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

3. LOCAL

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

4. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

5. TOTAL TAXES PAYABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

 

 

 

 

 

 

 

 

 

 

 

 

6. ACCOUNTS PAYABLE

 

$

250

 

$

0

 

$

0

 

$

0

 

$

250

 

 

STATUS OF POSTPETITION TAXES

MONTH: December 2007

 

 

 

BEGINNING

 

AMOUNT

 

 

 

ENDING

 

 

 

TAX

 

WITHHELD AND/

 

AMOUNT

 

TAX

 

 

 

LIABILITY*

 

0R ACCRUED

 

PAID

 

LIABILITY

 

FEDERAL

 

 

 

 

 

 

 

 

 

1. WITHHOLDING**

 

$

0

 

$

0

 

$

0

 

$

0

 

2. FICA-EMPLOYEE**

 

$

0

 

$

0

 

$

0

 

$

0

 

3. FICA-EMPLOYER**

 

$

0

 

$

0

 

$

0

 

$

0

 

4. UNEMPLOYMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

5. INCOME

 

$

0

 

$

0

 

$

0

 

$

0

 

6. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

7. TOTAL FEDERAL TAXES

 

$

0

 

$

0

 

$

0

 

$

0

 

STATE AND LOCAL

 

 

 

 

 

 

 

 

 

8. WITHHOLDING

 

$

0

 

$

0

 

$

0

 

$

0

 

9. SALES

 

$

0

 

$

0

 

$

0

 

$

0

 

10. EXCISE

 

$

0

 

$

0

 

$

0

 

$

0

 

11. UNEMPLOYMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

12. REAL PROPERTY

 

$

0

 

$

0

 

$

0

 

$

0

 

13. PERSONAL PROPERTY

 

$

0

 

$

0

 

$

0

 

$

0

 

14. OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

15. TOTAL STATE & LOCAL

 

$

0

 

$

0

 

$

0

 

$

0

 

16. TOTAL TAXES

 

$

0

 

$

0

 

$

0

 

$

0

 

 

*                                    The beginning tax liability should represent the liability from the prior month or, if this is the first operating report, the amount should be zero.

 

**                             Attach photocopies of IRS Form 6123 or your FTD coupon and payment receipt to verify payment or deposit.

 


 

Monthly Operating Report

 

ACCRUAL BASIS-5

2007

 

CASE NAME: KH Ground, Inc.

 

CASE  NUMBER: 07-44540

 

The  debtor  in  possession  must  complete  the  reconciliation  below  for  each  bank  account, including  all  general,  payroll  and  tax  accounts,  as  well  as  all  savings  and  investment accounts,  money  market  accounts,  certificates  of  deposit,  government obligations, etc. Accounts  with  restricted  funds should be identified  by  placing  an  asterisk next to the account  number.  Attach  additional  sheets  if  necessary.

 

MONTH: December 2007

BANK RECONCILIATIONS

 

 

 

 

Account #1

 

Account #2

 

Account #3

 

TOTAL

 

A. BANK:

 

No Accounts

 

 

 

 

 

 

 

B. ACCOUNT NUMBER:

 

 

 

 

 

 

 

 

 

C. PURPOSE (TYPE):

 

 

 

 

 

 

 

 

 

1. BALANCE PER BANK STATEMENT

 

 

 

 

 

 

 

 

 

2. ADD: TOTAL DEPOSITS NOT CREDITED

 

 

 

 

 

 

 

 

 

3. SUBTRACT: OUTSTANDING CHECKS

 

 

 

 

 

 

 

 

 

4. OTHER RECONCILING ITEMS

 

 

 

 

 

 

 

 

 

5. MONTH END BALANCE PER BOOKS

 

$

0

 

$

0

 

$

0

 

$

0

 

6. NUMBER OF LAST CHECK WRITTEN

 

 

 

 

 

 

 

 

 

 

INVESTMENT ACCOUNTS

 

 

 

DATE OF
PURCHASE

 

TYPE OF
INSTRUMENT

 

PURCHASE
PRICE

 

CURRENT
VALUE

 

BANK, ACCOUNT NAME  & NUMBER

 

 

 

 

 

 

 

 

 

7.

 

 

 

 

 

 

 

 

 

8.

 

 

 

 

 

 

 

 

 

9.

 

 

 

 

 

 

 

 

 

10.

 

 

 

 

 

 

 

 

 

11. TOTAL INVESTMENTS

 

 

 

 

 

$

0

 

$

0

 

 

CASH

 

12. CURRENCY ON HAND

 

$

0

 

 

 

 

 

13. TOTAL CASH — END OF MONTH

 

$

0

 

 

 


 

Monthly Operating Report

 

ACCRUAL BASIS-6

2007

 

CASE NAME: KH Ground, Inc.

 

CASE  NUMBER: 07-44540

 

MONTH: December 2007

 

PAYMENTS  TO  INSIDERS  AND  PROFESSIONALS

 

OF  THE  TOTAL  DISBURSEMENTS  SHOWN  FOR  THE  MONTH,  LIST  THE  AMOUNT  PAID TO  INSIDERS  (AS  DEFINED  IN  SECTION  101 (31)  (A)-(F)  OF  THE  U.S.  BANKRUPTCY  CODE) AND  TO  PROFESSIONALS.  ALSO,  FOR  PAYMENTS  TO  INSIDERS, IDENTIFY  THE  TYPE  OF COMPENSATION  PAID  (e.g.  SALARY,  BONUS,  COMMISSIONS,  INSURANCE,  HOUSING  ALLOWANCE, TRAVEL,  CAR ALLOWANCE,  ETC.).  ATTACH  ADDITIONAL  SHEETS  IF  NECESSARY.

 

INSIDERS

 

NAME

 

TYPE OF
PAYMENT

 

AMOUNT
PAID

 

TOTAL PAID
TO DATE

 

1. No insiders

 

 

 

 

 

 

 

2.

 

 

 

 

 

 

 

3.

 

 

 

 

 

 

 

4.

 

 

 

 

 

 

 

5.

 

 

 

 

 

 

 

6. TOTAL PAYMENTS  TO INSIDERS

 

 

 

$

0

 

$

0

 

 

PROFESSIONALS

 

 NAME

 

DATE OF COURT
ORDER AUTHORIZING
PAYMENT

 

AMOUNT
APPROVED

 

AMOUNT
PAID

 

TOTAL PAID
TO DATE

 

TOTAL
INCURRED
& UNPAID*

 

1. See Case #07-44536, Kitty Hawk, Inc.

 

 

 

 

 

 

 

 

 

 

 

2.

 

 

 

 

 

 

 

 

 

 

 

3.

 

 

 

 

 

 

 

 

 

 

 

4.

 

 

 

 

 

 

 

 

 

 

 

5.

 

 

 

 

 

 

 

 

 

 

 

6. TOTAL PAYMENTS  TO PROFESSIONALS

 

 

 

$

0

 

$

0

 

$

0

 

$

0

 

*                 INCLUDE  ALL  FEES  INCURRED,  BOTH  APPROVED  AND  UNAPPROVED

 

POSTPETITION STATUS OF SECURED NOTES, LEASES PAYABLE AND ADEQUATE PROTECTION  PAYMENTS

 

NAME OF CREDITOR

 

SCHEDULED
MONTHLY
PAYMENTS
DUE

 

AMOUNTS
PAID
DURING
MONTH

 

TOTAL
UNPAID
POSTPETITION

 

1. See Case #07-44536, Kitty Hawk, Inc.

 

 

 

 

 

 

 

2.

 

 

 

 

 

 

 

3.

 

 

 

 

 

 

 

4.

 

 

 

 

 

 

 

5.

 

 

 

 

 

 

 

6. TOTAL

 

$

0

 

$

0

 

$

0

 

 

 


 

Monthly Operating Report

 

ACCRUAL  BASIS-7

2007

 

CASE NAME: KH Ground, Inc.

 

CASE NUMBER: 07-44540

 

MONTH: December 2007

 

QUESTIONNAIRE

 

 

 

YES

 

NO

 

1.

HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDE THE NORMAL COURSE OF BUSINESS THIS REPORTING PERIOD?

 

 

 

X

 

2.

HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT OTHER THAN A DEBTOR IN POSSESSION ACCOUNT?

 

 

 

X

 

3.

ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES, OR LOANS) DUE FROM RELATED PARTIES?

 

 

 

X

 

4.

HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIES THIS REPORTING PERIOD?

 

 

 

X

 

5.

HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THE DEBTOR FROM ANY PARTY?

 

 

 

X

 

6.

ARE ANY POSTPETITION PAYROLL TAXES PAST DUE?

 

 

 

X

 

7.

ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXES PAST DUE?

 

 

 

X

 

8.

ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE?

 

 

 

X

 

9.

ARE ANY OTHER POSTPETITION TAXES PAST DUE?

 

 

 

X

 

10.

ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORS DELINQUENT?

 

 

 

X

 

11.

HAVE ANY PREPETITION TAXES BEEN PAID DURING THE REPORTING PERIOD?

 

 

 

X

 

12.

ARE ANY WAGE PAYMENTS PAST DUE?

 

 

 

X

 

 

IF  THE  ANSWER  TO  ANY  OF  THE  ABOVE  QUESTIONS  IS  “YES,”  PROVIDE  A  DETAILED EXPLANATION  OF  EACH  ITEM.  ATTACH  ADDITIONAL  SHEETS  IF  NECESSARY.

 

INSURANCE

 

 

 

YES

 

NO

 

1.

ARE WORKER’S COMPENSATION, GENERAL LIABILITY AND OTHER NECESSARY INSURANCE COVERAGES IN EFFECT?

 

 

 

X

 

2.

ARE ALL PREMIUM PAYMENTS PAID CURRENT?

 

 

 

X

 

3.

PLEASE ITEMIZE POLICIES BELOW.

 

 

 

 

 

 

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS “NO,” OR IF ANY POLICIES HAVE BEEN CANCELLED OR NOT RENEWED DURING THIS REPORTING PERIOD, PROVIDE AN  EXPLANATION BELOW. ATTACH ADDITIONAL SHEETS IF NECESSARY.

This is a non-operating entity with no assets or employees and therefore has no insurance policies

 

INSTALLMENT PAYMENTS

 

TYPE OF
POLICY

 

CARRIER

 

PERIOD COVERED

 

PAYMENT AMOUNT
& FREQUENCY

 

No insurance due to being a non-operating entity with no assets or employees

 

 

 

 

 

 

 


 

Footnotes Supplement

 

ACCRUAL  BASIS

2007

CASE NAME: KH Ground, Inc.

 

CASE  NUMBER: 07-44540

 

MONTH: December 2007

 

Accrual Basis
Form Number

 

Line
Number

 

Footnote/Explanation

 

 

 

 

 

 

 

General

 

 

 

This is a non-operating entity.